The Office of the Telecommunications Authority (“OFTA”) announced yesterday that it will accelerate the auction of 2.5 GHz spectrum to the fourth quarter of 2008, allowing for the introduction of WiMAX services to Hong Kong and its 426 square mile territory.

Previously OFTA had said that the 2.5 GHz frequency band would not be auctioned until 2009 or 2010. The 2.5 GHz auction now will be combined with an auction of 2.3 GHz spectrum for Broadband Wireless Access Services (BWA), which already had been planned for Q4 2008.

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Posted: 12|7|07 at 2:30 pm. Filed under: Auction News.